BitQuest Announces Minecraft Architecture Contest and BTC Prize

BitQuest is a Minecraft server where you can find and use Bitcoin within the game. This ongoing project will create a public Minecraft server with a Bitcoin-denominated trading system and unique MMORPG (Massively Multiplayer Online Role Playing Game) features. The economy in BitQuest is based on the Emerald element. You can mine it or exchange it for other elements, just like currency. You can buy food, armor or even enchanted weapons, it's up to you. Each Emerald is worth 1 BIT [one millionth Bitcoin]. To access your Bits you first go to the BANK at spawn and deposit your Emeralds into....

Readers may remember BitQuest, as covered here on CCN. The Minecraft server uses Bitcoin for its economic component, and the results are fantastic efforts from those wishing to earn Bitcoin. They even had an architecture contest recently. A group of players recently decided to take the market component of the Minecraft server to a new level by creating a market that would be supply and demand responsive. Players were able to purchase in-game currency using bitcoins and then buy blocks. Each in-game emerald is worth a bit, or a millionth of a Bitcoin. Some blocks are more valuable than....

BitQuest, a Minecraft server that uses a Bitcoin denominated monetary system for in-game transactions, has just entered version 2.0. The server’s website says: “The currency on this server are the Bits. A bit is a fraction of a Bitcoin (1/1000000) that you can obtain by killing monsters, trading with users or transferring [sic] from an outside wallet. All of it is stored on a standard Bitcoin wallet on the Blockchain.” BitQuest 2.0 - what’s new? BitQuest released version 2.0 on 19th May 2016. The release brought about some interesting changes to the in-game economy. The server will now....

Gaming has long been seen as a potential use case environment for bitcoin and other digital currencies, given that the online entertainment sector is an established testing ground for new payment mechanisms and models. Differences in implementation and focus aside, digital currency holds the potential to constitute core functions within a gaming environment. Today, both new and existing games are beginning to tap bitcoin for inclusion in their platforms. A new Minecraft server named BitQuest is hoping to utilize decentralized currencies to boost participation, as well as create a more....

Phemex, one of the fastest crypto exchange and futures trading platform has announced an attractive contest for its community. Starting March 24th, the fifteen-day long Phemex Trader’s Arena contest with a generous prize pool of $2 million allows traders to form teams and compete against each other. Registrations for the Phemex Trader’s Arena Contest started […]